Hi All,
I would like to know How futures and options are taxed?? and How Speculative transactions takes place(i.e., i need an example) and its taxation??
Thanks in advance.
Menu
Futures and options
Replies (1)
F&O trade is considered as a non-speculative business. Intra-day stock trades are treated as a speculative business.
To calculate gross income from F&O trades, take your transaction statement for the whole year. Look at your receipts; these may be a positive or a negative value.
Sum these up for the whole year. Expenses can be deducted from your gross income.
Refer: tax-on-derivative-trading
Recent Threads
- Error in gstr1 filing for October 25
- Inverted Rate structure .
- Exemption to be climed
- GST TDS u/s 51 Applicability on RBI and it's subs
- Time allowed to buy another asset
- ITR not processed for the FY 2024-25
- Gift of money to my wife.
- Tax Audit If you show Loss
- GST Tax invoice Value Rs..234000
- Can I claim benefit under 54F if I sell my equity
Related Threads
CAclubindia
